RESERVE ROYALTY | Stock Discussion Forums

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Gold/Mining/Energy
RESERVE ROYALTY

An SI Board Since December 1998

Posts	SubjectMarks	Bans
20	3	0

Emcee: Kevin Hamlin	Type: Unmoderated

Introduction Compact

These comments were ones I posted on a trading thread. I didn't see any thread started on Reserve Royalty, so thought I should start one given the activity! These initial comments I made are listed below.

All the best!!

HEAD'S UP ROI on Toronto. They just pushed the price wayyyy down to put through a few MAMMOTH crosses. Took a bunch down with them who didn't know better and pannicked!

From what I've seen before on these, this is what happens:

1) They push the price down hard to put through the crosses.

2) While they're doing that a lot of people freak cuz they see the shareprice "tanking" and sell along with it. (too bad for them that this happens)

3) The initial buying after the cross comes in fast, because the traders know the drop was totally artificial.

4) Some people hold back with a stink bid, hoping another cross might be pushed through.

5) As people see that the crosses are done/over, the buying gets stronger, often returning to the price at the beginning of the day. (This can take a few hours after the initial jump back).

6) Other buyers come in later today or over the next few days seeing that insiders/friends have been "positioned" in the stock, and begin to expect news/developments may now be presented. After this positioning becomes evident to the broader market, buying comes in through news, or the expectation of news. Either way, the price moves up.

To see a GREAT GREAT example of this, take a look at the chart on PANGEA GOLDFIELDS (PGD on Toronto) just before the middle of September.

1) The price was trading at $1.30

2) In one day, the pushed the price down to below .90cents and put through a huge cross. A lot of people shook out while that happened thinking the world had ended.)

3) Within 3 days, the price was back up at $1.30

4) Within a little over 2 weeks, it was trading up aroun $1.90!!

I think this kind of thing should be banned, but hey, that's the market I guess. Not really fair for the little investors who see their baby tank and get shook out.

Should be interesting!!!

Kevin

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
20	**NEWS RELEASE** Reserve Royalty exploring business combination and discus	Ed Pakstas	-	8/6/1999
19	Gives you something to think about for a few nights, for sure!	Stew	-	7/21/1999
18	That was my first and primary concern....She's lucky...<GGG>... ed	Ed Pakstas	-	7/21/1999
17	Oh well . . . as long as there's no "hood impression" in the deep	Stew	-	7/21/1999
16	Hell!!!... I could use some new wheels myself...Still driving a friggin 87 Chev	Ed Pakstas	-	7/21/1999
15	Wouldn't hurt my feelings. We could use some new wheels fer da wife! Dey	Stew	-	7/21/1999
14	I hope he leads this puppy back up to the 4.00 range...Sure would make me verrr	Ed Pakstas	-	7/21/1999
13	Looks like a leader!	Stew	-	7/21/1999
12	Hope not...**NEWS RELEASE** Reserve Royalty elects Stephen Probyn as chair	Ed Pakstas	-	7/21/1999
11	Mr. Probyn looks like no slouch!<eom>	Stew	-	7/21/1999
10	AGM starts at 4:30 pm <est>...ed	Ed Pakstas	-	7/6/1999
9	Will definitely paint a different picture on 2ndQ...I'm hoping they unloade	Ed Pakstas	-	7/5/1999
8	Thanks - that extra $3 should be gravy if they were happy making $$ at $16 + ch	rdww	-	7/5/1999
7	Annual meeting is tomorrow...She (the pres) just might pull something outta her	Ed Pakstas	-	7/5/1999
6	something's up - volume last week is continuing today - despite the holiday	rdww	-	7/5/1999
5	Haven't followed it at all TomCat. It was a daytrade back then when I was	Kevin Hamlin	-	6/7/1999
4	Kevin, Are yo still keeping an eye on this one?...is it dead meat or a buy? TC	Tom Cat	-	6/7/1999
3	Another block of 1,000,000 today by house (79) at .50 and it when	wild wille	-	1/7/1999
2	Actually, it was two blocks...same house though (28) 1st block was 5,922,000	Kevin Hamlin	-	12/11/1998
1	Kev: A block of 5 million was traded at .50 .. Mike	Mike Perras	-	12/11/1998

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